MULTIFAMILYRADAR
6-Unit Multifamily in Weslaco, TX, photo 11 / 2
▼ 2% cutValue-add
$240,000

6-Unit Multifamily in Weslaco, TX

TX · listed Mar 5, 2025 (602 days)

▼ Reduced 2% on Oct 12, 2026, was $245,000

Price per unit compared
This property$40K
Within ~40 mi (207)$83K
Texas median (1,196)$92K
$/unit
$40,000
▼ 57% vs TX · 9th pct
Cap rate
—
 
Gross yield
—
 
Units
6
3 bldg · 1948

Financials

Asking price
$240,000
Price per unit
$40,000
Price per sq ft
$72
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
6
Unit mix
Not stated
Buildings
3
Year built
1948
Building size
3,318 sq ft
Avg unit size
553 sq ft
Lot size
0.14 acres
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Mar 5, 2025
Days on market
602 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Oct 12, 2026: $245K → $240K
Location
Approximate (~0.5 mi)
Listing #
2185

About this property

SHORT SALE APPROVED AT 240K!!! Great Deal! 6-unit income-producing property in the heart of Weslaco offered at a compelling price point. The property features six separate electric meters and one water meter, with current income in place and consistent occupancy. The asset consists of three buildings with a mix of unit types, offering flexibility for rental strategies. Units have undergone ongoing maintenance and updates, providing functionality for today’s renters along with additional upside potential through continued improvements. Centrally located in a downtown area, the property offers convenient access to schools, shopping, and major roadways, making it attractive for tenants. Pricing reflects the short sale process and presents an opportunity for investors seeking long-term potential. Showings are by appointment only due to occupancy.

Multifamily | 6 Units

Location

Approximate area. The exact address is shared on request.

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